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Hong Kong Monetary Authority Cyber Security Risk Management Guidelines

HKMA Guidelines

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How to Improve Your Compliance Posture with modern PAM

In an era when cyber-attacks have become common occurrences, it's vital for the Banking, Financial Services, and Insurance (BFSI) industry in Hong Kong to improve its cyber resilience and implement a robust cybersecurity framework. In this context, the Hong Kong Monetary Authority (HKMA) developed Cyber Security Risk Management Guidelines for Banks and Non-Bank Financial Institutions to follow. However, becoming and staying compliant in today’s dynamic threatscape is often challenging. In this white paper, we will discuss the current challenges faced by the BFSI industry in Hong Kong and the HKMA mandates to secure information assets to minimize their constituents’ exposure to both external and internal cyber-attacks.

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